2,100 Shares in Union Pacific Co. (NYSE:UNP) Purchased by Point72 Europe London LLP

Point72 Europe London LLP bought a new position in Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,100 shares of the railroad operator’s stock, valued at approximately $479,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Fiduciary Trust Co increased its stake in Union Pacific by 2.8% in the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator’s stock valued at $23,309,000 after buying an additional 2,807 shares during the last quarter. abrdn plc lifted its position in shares of Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares in the last quarter. Border to Coast Pensions Partnership Ltd lifted its position in shares of Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after buying an additional 53,946 shares in the last quarter. Pinnbrook Capital Management LP bought a new position in shares of Union Pacific during the 4th quarter worth approximately $3,954,000. Finally, Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Union Pacific by 128.3% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 36,798 shares of the railroad operator’s stock worth $8,391,000 after buying an additional 20,681 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on UNP. Stifel Nicolaus dropped their target price on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. BMO Capital Markets lifted their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating on shares of Union Pacific in a report on Friday, April 25th. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Finally, Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective for the company in a research note on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $257.86.

Union Pacific Stock Performance

NYSE:UNP opened at $230.55 on Friday. The company’s 50-day moving average price is $224.29 and its 200-day moving average price is $233.67. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a market cap of $137.75 billion, a P/E ratio of 20.79, a P/E/G ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter in the previous year, the business posted $2.69 earnings per share. Union Pacific’s revenue for the quarter was down .1% on a year-over-year basis. On average, sell-side analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. Union Pacific’s dividend payout ratio is presently 48.29%.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.